4. Conclusion

We conclude, on the unique facts of this application, that ratifying the completed transaction will not be adverse to the public interest. Accordingly, we grant the application, subject to the terms and conditions of our order. Inasmuch as the company received a greatly needed rate increase after the occurrence of the 1996 transaction, our order is effective nunc pro tunc to preserve the validity of those rates and avoid any potential disruption of the company's operations.